MANAGEMENT BY OBJECTIVES (MBO) is a management theory that calls for managing people based on documented work statements mutually agreed to by manager and subordinate. Progress on these work statements is periodically reviewed, and in a proper implementation, compensation is usually tied to MBO performance.
BAD DEBT is an open account balance or loan receivable that has proven to be uncollectible and is written off.
C as the fifth letter of a Nasdaq stock descriptor indicates that the issue is exempt from Nasdaq listing requirements for a temporary period of time.
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